Resources Platform for Management Consultants

Manufacturing

Product

 

Mechanical, physical, or chemical transformation of materials, substances, components into new products (textile, electronic equipment, chemicals, machinery)

 

Distribution

 

B2B, retail outlets, wholesalers

 

Customer

 

Business customers, individual customers, government

 

Competition

 

Management of supply chains, process efficiency, and distribution are the basis for competition

 

Key Trends

 

(1) Highly cyclical sector;

(2) New technologies, adjacent industries, and emerging markets drive demand;

(3) Increase of outsourcing to low-cost developing countries

 

Revenues

 

Low margin products (e.g. automobile) with revenue based on volume and high margin products (e.g. aircraft) that foster price premium

 

Costs

 

Capital investment, raw material, labor, marketing

 

 

 

 

 

Resources

 

Manyika J (2012) Manufacturing the future: The next era of global growth and innovation, McKinsey Global Institute

 

Wharton Consulting Casebook (2010)

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